While the broader market panicked as Nifty tumbled from 25,800 to the 25,400 zones, disciplined Elliott Wave traders were waiting for a specific ‘Alternate Scenario.’
Today, we review how the market honored the fall towards 25,550 ‘Gift Zone’ (hitting a low of 25,388) more than 400 points panic fall and discuss whether there is a buying opportunity or a deeper correction in disguise.
Plus, a technical look at Nifty, Bank Nifty, Indigo, Bitcoin, MCX Silver, Comex Gold.
